Adani Group clarifies the reports on the hiring of Grant Thornton


Posted on 16 February 2023


For Illustration Purpose Only.

The core company of the Gautam Adani-led, billionaire-owned Adani Group, Adani Enterprises Ltd, issued a statement on Thursday clarifying the market rumor that it had hired Grant Thornton to audit some of its companies following the crash of the Hindenburg. “We would like to clarify that the said news item appears to be a market rumor and hence it would be inappropriate on our part to comment on it," the company stated in a regulatory filing. “We wish to confirm that we have made and will continue to make disclosures in compliance with our obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our agreements with the stock exchanges," they further said. Grant Thornton has been contracted to perform independent audits of some Adani Group entities, stated a Reuters story earlier this week.


Key Points

  • The core company of the Gautam Adani-led, billionaire-owned Adani Group, Adani Enterprises Ltd, issued a statement on Thursday clarifying the market rumour that it had hired Grant Thornton to audit some of its companies following the crash of the Hindenburg. 

  • Grant Thornton has been contracted to perform independent audits of some Adani Group entities, stated a Reuters story earlier this week.


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